NVR, Inc. (NYSE:NVR) Shares Sold by Unigestion Holding SA

Unigestion Holding SA trimmed its position in shares of NVR, Inc. (NYSE:NVR - Free Report) by 8.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,007 shares of the construction company's stock after selling 91 shares during the period. Unigestion Holding SA's holdings in NVR were worth $7,295,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in the business. JDM Financial Group LLC bought a new position in shares of NVR during the fourth quarter valued at approximately $25,000. EverSource Wealth Advisors LLC raised its position in shares of NVR by 150.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5 shares of the construction company's stock worth $41,000 after acquiring an additional 3 shares in the last quarter. Smartleaf Asset Management LLC grew its position in shares of NVR by 75.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 7 shares of the construction company's stock worth $57,000 after buying an additional 3 shares during the last quarter. Franchise Capital Ltd purchased a new stake in shares of NVR during the 1st quarter valued at $51,000. Finally, Wilmington Savings Fund Society FSB boosted its holdings in NVR by 60.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 8 shares of the construction company's stock worth $65,000 after acquiring an additional 3 shares in the last quarter. Institutional investors own 83.67% of the company's stock.

NVR Price Performance

Shares of NVR stock traded down $11.27 during trading hours on Thursday, reaching $7,199.60. 9,863 shares of the company's stock were exchanged, compared to its average volume of 22,036. The business has a fifty day moving average of $7,136.34 and a two-hundred day moving average of $7,704.36. The company has a market capitalization of $21.05 billion, a P/E ratio of 14.19, a price-to-earnings-growth ratio of 2.39 and a beta of 1.02. The company has a quick ratio of 3.69, a current ratio of 6.18 and a debt-to-equity ratio of 0.22. NVR, Inc. has a 1 year low of $6,562.85 and a 1 year high of $9,964.77.

NVR (NYSE:NVR - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The construction company reported $94.83 earnings per share for the quarter, missing analysts' consensus estimates of $107.87 by ($13.04). NVR had a return on equity of 39.67% and a net margin of 16.34%. The business had revenue of $2.40 billion for the quarter, compared to analyst estimates of $2.35 billion. As a group, research analysts predict that NVR, Inc. will post 505.2 earnings per share for the current fiscal year.

NVR declared that its board has approved a stock repurchase program on Tuesday, May 6th that authorizes the company to buyback $750.00 million in outstanding shares. This buyback authorization authorizes the construction company to buy up to 3.6% of its stock through open market purchases. Stock buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several equities research analysts have recently commented on NVR shares. UBS Group lowered their price objective on shares of NVR from $8,900.00 to $7,900.00 and set a "neutral" rating for the company in a research note on Wednesday, April 23rd. Wall Street Zen raised shares of NVR from a "sell" rating to a "hold" rating in a research note on Saturday, May 24th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $9,023.33.

NVR Profile

NVR, Inc operates as a homebuilder in the United States. The company operates through, Homebuilding and Mortgage Banking segments. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury buyers.